Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has raised $35 million in funding and spun off is B2B-focused subsidiary Prism Data.
The RBI and the BIS today jointly launched the fourth edition of the G20 TechSprint Initiative, a global technology competition to promote innovative solutions aimed at improving cross-border payments, under India's G20 presidency.
Pidgin, a secure real-time payments platform built for the future of payments, is among the first companies in the industry to complete testing and certification for the FedNowSM Service, the Federal Reserve's new instant payment offering launching in July 2023.
Lanistar, a fintech founded in the heart of London, has seen rapid growth and in recent months has added an additional two offices to its roster - Dubai and Sao Paulo. Now operating in three continents, Lanistar's 2023 growth plan looks to be in full swing.
Payment operations platform for fintechs Numeral has partnered with BNPL provider Alma to automate payments to merchants in collaboration with bank BNP Paribas